E3 Lithium (CVE:ETL) Hits New 52-Week Low – Time to Sell?

E3 Lithium Limited (CVE:ETLGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.91 and last traded at C$0.92, with a volume of 59692 shares traded. The stock had previously closed at C$0.95.

E3 Lithium Stock Performance

The company has a market capitalization of C$69.25 million, a PE ratio of -7.67 and a beta of 0.69. The company has a debt-to-equity ratio of 1.07, a quick ratio of 3.82 and a current ratio of 31.63. The business’s 50-day moving average is C$1.09 and its 200-day moving average is C$1.23.

About E3 Lithium

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E3 Lithium Limited engages in the development and extraction of lithium properties in Alberta. The company was formerly known as E3 Metals Corp. and changed its name to E3 Lithium Limited in July 2022. E3 Lithium Limited is headquartered in Calgary, Canada.

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